People who have been reading my blog know that my lovely neighbors are going through a very hard time with their kids and their money. It's not getting any better.
Eldest Daughter works a seasonal job and took her winter vacation to out to California to see her boyfriend. Eldest Daughter also spent all her "fun money" and most of the money she had put aside for her new apartment. Eldest Daughter is now living back at home since the Youngest Daughter has moved to the other side of the state, still not employed, still not in school. Eldest daughter will be starting her seasonal job later this month and is looking at yet another college to go to, which would make #3 in 4 years. Her parents keep taking out loans for Eldest Daughter who has still not decided what she wants to major in or do with her life. That's a lot of money spent on classes/credits that are not transferrable-this is when a student loan is a waste of money.
Youngest Daughter has moved to be with her boyfriend, and eventually will enroll is some sort of school. The last conversation I had with my neighbor about Youngest Daughter was that she was trying to find some sort of a job, but could not meet certain job requirements (like a drug test). Youngest daughter barely fulfilled her court ordered community service before she moved to the other side of the state, does come home once or twice a week and yup, is living off her parents.
My neighbors are very nice people. They are struggling, but seem to be unable to put spending boundaries on their kids. They are supporting both these girls who don't seem to really give a darn about the fact that their parents are paying mortgages late, have maxed out credit cards and payment plans with the electric company.
I can understand that my neighbor wants to help her kids, but when is enough enough? My neighbor is really struggling, complaining about life in general, yet is unable to stick to her resolution to make her kids learn how to support themselves or take some responsibility for their actions.
I can be sympathetic to a point. I am less sympathetic when I hear the same story over and over. No is such a simple easy word NO. No, I won't pay the deposit on your apartment, No I won't pay for your gas to come and see me and then have you spend all day at your friends house, no I won't buy all that organic food that you always say you want, then never eat. No I won't take out another tuition loan until you are settled in school....
I just see a crash coming really soon